The Maastricht Treaty was announced as a "great leap FORWARD". Since then, only "FORWARD moves" have been allowed in the Maastricht-born "European Union" - mainly the creation of the "single currency" and the birth of a Eurozone with more and more states involved, according to their will and their capability of meeting the doubtful set of "Maastricht criteria" when joining the "single" currency area. Any move which may be seen as a "backward move" has been strictly forbidden, even if nobody can take for granted that this disunited "European Union" is moving forward to something that looks like the promised land. In fact, it is increasingly clear that this road is a "road to nowhere", besides being increasingly painful for more and more member states to go ahead, under the approach which has been adopted to "keep the markets calm" and "save the Euro" - while avoiding the appropriate fiscal transfers and resorting to lending under AUSTERITY constraints. In these days, the European Union is repeatedly following the recommendation: "Keep moving FORWARD, either slowly or rapidly, either jointly or at several speeds!".

Yes, as Paul Krugman recently said, "The Euro is a shaky construction". Besides ignoring the macroeconomic imbalances within the EU, in the "Maastricht criteria" for Eurozone membership as well as in the subsequent "stability" pacts, the Euro has been designed and confirmed – by Delors et al and followers – as a "single currency" instead of a (much more realistic) "common currency". Now, it is very clear that this was a very bad choice, namely because other components of Delors's dream are missing - such as a European budget amounting, at least, to some "3% [!] of the European GDP".

Two decades after the Maastricht Treaty, a COMPLETELY NOVEL EU TREATY is mandatory - not a mere set of "positive" , incremental amendments -, so as to avoid a sad situation, in the near future, where the foreseen "European common home" becomes replaced by a true "European house of correction". We need to build a true European Union through a cooperative European disunion, where the Euro survives as a "common", parallel currency - INCLUDING FOR THE UNITED KINGDOM and the other nine "non-Euro states" - but no longer as the "single currency" for a fraction of the EU (currently 17 out of 27 member states)

[ http://building-a-true-european-union.blogspot.com ]:

” – The Euro should be a COMMON currency within the future EU – including the EU27 members outside the current ‘Euro Area’ – but not necessarily the SINGLE currency.
- In this context, the coexistence of TWO parallel currencies should be allowed in each EU member state (under certain conditions, established in a novel European Treaty), within the framework of an appropriate “Cooperative European Disunion” .
- Besides the “Common Euro”, the complementary currency in each member state could be either a “national currency” (…) or a completely new currency, shared by that member state and some other “compatible” EU member states, taking into account both the relevant macroeconomic issues and appropriate geographic, historic and cultural issues.”

The European Union shows inadequate handling of the economy by only concentrating on the debt issues, and actually expanding its bureaucratization that policies benefit only big businesses and big investors... Mr. Cameron standing supports Britsh interests in a short and even long terms if the EU policies are not improved... whereas the US, China and Japan use more aggressive and some time unorthodox approaches and the results for them are far better than the EU's..

The more interesting question is whether the EU should tolerate a United Kingdom that is half in and half out of the European Union. If the EU has the will and capacity to integrate more fully both politically and economically the answer is obvious- the EU must kick the UK out of the Union. To do otherwise would doom the whole project to sabotage and failure

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